ECONOMY

Debt relief at top of Tsipras’s agenda

debt-relief-at-top-of-tsipras-s-agenda

Negotiations over Greece’s debt will top the agenda for Prime Minister-elect Alexis Tsipras as he prepares for a return to office following a surprisingly easy national election win, a senior source from his party said on Monday.

Tsipras and his leftist SYRIZA party clinched a clear victory in Sunday’s poll as voters put aside his dramatic U-turn over Greece’s international bailout to offer him a second chance to steer a battered economy to recovery.

SYRIZA said on Sunday it plans to govern in a coalition with the small right-wing Independent Greeks party, the same partner Tsipras chose after winning the country’s previous general election in January.

But to strengthen his hand in talks with EU partners over how to ease Greece’s debt burden, he will seek a broader consensus among the parties he defeated on Sunday, the party source said.

“We will continue negotiations in the coming period, with the debt issue being the first and most important battle,” the source said.

“We will ask all political forces to support our efforts.”

[Reuters]